0.00%
-3.38%
30.86%
-12.93%
-22.64%
-97.05%
-98.19%
AI Spotlight on LOCL
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Company Description
Local Bounti Corporation grows fresh greens and herbs in the United States.It produces lettuce, herbs, and loose-leaf lettuce.The company sells its products to food retailers and food service distributors.
Local Bounti Corporation was founded in 2018 and is headquartered in Hamilton, Montana.
Market Data
| Last Price | 2.29 |
| Change Percentage | 0.00% |
| Open | 2.24 |
| Previous Close | 2.29 |
| Market Cap ( Millions) | 20 |
| Volume | 8924 |
| Year High | 3.33 |
| Year Low | 1.18 |
| M A 50 | 2.14 |
| M A 200 | 2.46 |
Financial Ratios
| FCF Yield | -772.46% |
| Dividend Yield | 0.00% |
| ROE | 644.30% |
| Debt / Equity | -607.87% |
| Net Debt / EBIDTA | -469.01% |
| Price To Book | -0.3 |
| Price Earnings Ratio | -0.13 |
| Price To FCF | -0.13 |
| Price To sales | 0.57 |
| EV / EBITDA | -4.92 |
News
- Dec -16 - Local Bounti Announces Multi-Year Award with Large Multinational Retailer
- Nov -15 - Local Bounti Corporation (LOCL) Q3 2024 Earnings Call Transcript
- Nov -14 - Local Bounti Corporation (LOCL) Reports Q3 Loss, Misses Revenue Estimates
- Nov -14 - Local Bounti Announces Third Quarter 2024 Financial Results
- Nov -11 - Local Bounti to Release Third Quarter 2024 Financial Results on Thursday, November 14, 2024
- Aug -13 - Local Bounti Corporation (LOCL) Q2 2024 Earnings Call Transcript
- Aug -13 - Local Bounti Corporation (LOCL) Reports Q2 Loss, Lags Revenue Estimates
- Aug -13 - Local Bounti Announces Second Quarter 2024 Financial Results
- Aug -12 - Local Bounti Now Shipping Product to Brookshire Grocery Company
- Aug -09 - Local Bounti to Release Second Quarter 2024 Financial Results on Tuesday, August 13, 2024
- Jul -22 - Local Bounti Expands Distribution with Sam's Club
- Jun -25 - Local Bounti Chief Financial Officer Kathleen Valiasek Promoted to President and CFO
- Jun -24 - The Top 3 Food Technology Stocks to Buy to Feast on Profits
- Jun -20 - Local Bounti Announces NYSE Acceptance of Plan to Regain Listing Compliance
- May -16 - Local Bounti to Mark Opening of New High-Tech Controlled Environment Agriculture Facility in Mount Pleasant, Texas with Ribbon Cutting Ceremony
- May -10 - Local Bounti Corporation (LOCL) Q1 2024 Earnings Call Transcript
- May -09 - Local Bounti Announces First Quarter 2024 Financial Results
- May -06 - Local Bounti to Release First Quarter 2024 Financial Results on Thursday, May 9, 2024
- Apr -23 - Local Bounti to Mark Opening of New High-Tech Controlled Environment Agriculture Facility in Pasco, Washington with Ribbon Cutting Ceremony
- Apr -20 - 3 Vegan Stocks to Buy Now: Q2 Edition
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Lettuce, Herbs and Loose Leaf Lettuce
Expected Growth : 10.5 %
What the company do ?
Lettuce, Herbs, and Loose Leaf Lettuce from Local Bounti Corporation are fresh, locally grown, and sustainably sourced greens for healthy and flavorful meals.
Why we expect these perspectives ?
Growing demand for locally sourced and sustainable produce, increasing health awareness, and rising popularity of plant-based diets drive the growth of the fresh greens market, with Local Bounti Corporation's locally grown and sustainably sourced lettuce, herbs, and loose leaf lettuce well-positioned to capitalize on this trend.
Local Bounti Corporation Products
| Product Range | What is it ? |
|---|---|
| Locally Grown Produce | Fresh, locally grown produce, including leafy greens, herbs, and microgreens, grown using sustainable and environmentally friendly practices. |
| Living Lettuce | Fresh, living lettuce grown using hydroponic methods, with a longer shelf life and reduced waste. |
| Herbs and Microgreens | Fresh, locally grown herbs and microgreens, including basil, cilantro, and arugula, perfect for adding flavor and nutrition to any dish. |
| Value-Added Products | Pre-washed, pre-cut, and ready-to-use produce products, including salad mixes and slaws, perfect for convenience and time-saving. |
| Private Label and Co-Packing | Customized, private label produce products and co-packing services for food manufacturers and retailers. |
Local Bounti Corporation's Porter Forces
Threat Of Substitutes
Local Bounti Corporation faces moderate threat from substitutes as consumers have limited alternatives for fresh produce, but some substitutes like frozen or canned goods exist.
Bargaining Power Of Customers
Local Bounti Corporation has a diverse customer base, reducing the bargaining power of individual customers, and the company's strong brand reputation also limits customer bargaining power.
Bargaining Power Of Suppliers
Local Bounti Corporation has a moderate level of dependence on suppliers, but the company's scale and vertical integration reduce supplier bargaining power.
Threat Of New Entrants
Local Bounti Corporation operates in a capital-intensive industry with high barriers to entry, making it difficult for new entrants to compete effectively.
Intensity Of Rivalry
Local Bounti Corporation operates in a highly competitive industry with many established players, leading to intense rivalry and competition for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 94.79% |
| Debt Cost | 7.86% |
| Equity Weight | 5.21% |
| Equity Cost | 16.81% |
| WACC | 8.33% |
| Leverage | 1820.74% |
Local Bounti Corporation : Quality Control
Local Bounti Corporation passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CHSCP | CHS Inc., an integrated agricultural company, provides grains, foods, and energy resources to businesses and consumers in North America, South America, Europe, the Middle East, Africa, and the Asia Pacific. … |
| LMNR | Limoneira Company operates as an agribusiness and real estate development company in the United States and internationally. The company operates through three divisions: Agribusiness, Rental Operations, and Real Estate Development. … |
| VITL | Vital Farms, Inc., an ethical food company, provides pasture-raised products in the United States. It offers shell eggs, butter, hard-boiled eggs, ghee, liquid whole eggs, and egg bite products. Vital … |
| ALCO | Alico, Inc., together with its subsidiaries, operates as an agribusiness and land management company in the United States. The company operates in two segments, Alico Citrus, and Land Management and … |
| SANW | S&W Seed Company, an agricultural company, engages in breeding, growing, processing, and selling alfalfa and sorghum seeds. It also offers sunflower, wheat germplasm, wheat, and pasture seeds. The company sells … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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CHS
A-Score
1-Year Total Return ->
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Vital Farms
A-Score
1-Year Total Return ->
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Limoneira
A-Score
1-Year Total Return ->
4
Alico
A-Score
1-Year Total Return ->
5
S&W Seed
A-Score
1-Year Total Return ->
6
